Taking aim at Iran, US hits Hezbollah with new sanctions

Taking aim at Iran's global footprint, the Trump administration on Friday hit six people and seven businesses linked to Hezbollah with terror sanctions, calling it "the first wave" in a pressure campaign that will escalate throughout the year.

The sanctions aim to squeeze Hezbollah financier Adham Tabaja, who is already designated by the US as a global terrorist, by freezing out a network of companies in Lebanon, Ghana, Liberia and elsewhere. The Trump administration said companies and their executives act on Tabaja's behalf, forming "conduits" of funding for the Lebanon-based militant group.

"We will be relentless in identifying, exposing, and dismantling Hezbollah's financial support networks globally," Treasury Secretary Steven Mnuchin said.

The Trump administration has made it a top priority to undermine Iran's ability to stoke unrest and spread its influence throughout the region. Senior Trump administration officials said the US estimates Iran sends Hezbollah about $700 million per year, arguing that Hezbollah has become the Iranian government's primary tool to project its power in the Arabic-speaking world.

Formed by the Iranian Revolutionary Guard in 1982 to fight Israel's invasion of Beirut, Hezbollah has morphed into a powerful political player in Lebanon, running its own media and communication channels and providing government-like services to followers in its strongholds. The US considers Hezbollah a terrorist organisation and has hit the group with sanctions before.

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More recently, the US has grown concerned about the group's involvement in other conflicts, including in neighbouring Syria, where it has sent thousands of fighters to shore up Syrian President Bashar Assad. US officials said Hezbollah is also helping train and advise Shiite Houthi rebels in Yemen.

Trump officials said more sanctions would be coming against Hezbollah, the results of an investigation into the group that President Donald Trump ordered last summer. They said there were "dozens" more financial networks linked to Hezbollah that could be targeted.

The first wave of penalties target Al Inmaa Engineering Contracting, a company run by Tabaja and based in Hezbollah's stronghold south of Beirut. The construction company is mostly active in predominantly Shiite areas in Lebanon such as Beirut's southern suburbs and the southern market town of Nabatiyeh.

"We will no longer allow corrupt Hezbollah and other Iranian regime cronies to hide their crimes behind front companies," White House spokeswoman Sarah Huckabee Sanders said on Twitter.

The other companies named Friday are mostly based in Africa, where tens of thousands of Lebanese - many of them Shiites - have been living for decades. Most of the individuals targeted had not been publicly known to be Hezbollah financiers and are not prominent names in Lebanon.

The sanctions freeze any assets in the US and bar Americans from dealing with those being sanctioned. Although Hezbollah associates are unlikely to have significant assets in the United States, officials said the US has specific information about the banking networks used by Tabaja in Africa and elsewhere.

One official said the US was coordinating with the governments in those countries to ensure that "Tabaja has a very bad day today in terms of his finances".